National Gas pays UK households to reduce heating
The UK's largest network operator is considering plans that could offer households in Britain payments to reduce…
Stheeman, UK’s debt chief, to retire in 2024.
Robert Stheeman will retire from the UK Debt Management Office next year, after helping to raise more than £3…
Bank of England to offer permanent lending facility to non-banks
Andrew Hauser, the Bank of England's head of markets, said that during stressful times it will create a permanent…
The number of houses built in England has risen as developers try to avoid the new…
According to data released on Thursday, housebuilding in England increased in the second quarter 2023. Builders…
Armenians “lose motherland” in blow to Russia’s influence abroad
Last week, Vardan Tadevosyan was still the health minister of a small if unrecognised republic in the south…
US private equity firm acquires stake in Liverpool Football Club
According to two sources familiar with the situation, US private equity firm Dynasty Equity purchased a majority…
John Lewis will seek to sell 12 Waitrose stores for 150 million pounds sterling
John Lewis Partnership Plc plans to raise up to £150 million ($183million) through the sale and leaseback a dozen…
UK fined in precedent-setting case by the European Court of Justice
The EU's highest court has fined the UK €32mn for allowing pleasure boaters to use red diesel that is lower in tax.…
Moody’s warns about’systemic risks’ in the leveraged lending…
Moody's Credit Rating Agency has warned against a "race to bottom" among banks and private funds that finance…
OpenAI and JonyIve to raise $1bn for AI device venture from SoftBank
OpenAI has advanced discussions with former Apple designer, Sir Jony Ive, and SoftBank Masayoshi Son about…
The European bond market is hit by Italy’s plan to increase borrowing
Investors were alarmed by Italy's bigger than expected budget deficit, and growing concerns that central banks…
UK Bonds Lead Global Selloff As Higher-for-Longer Bets Sink in
Investors around the globe are adjusting to the prospect of an extended period of tight monetary policies.
On a…
Abu Dhabi Group IHC sells two Adani Companies
International Holding Company, a conglomerate based in Abu Dhabi, is selling its stakes in two companies owned by…
O’Leary calls British air traffic control the ‘worst of Europe’
Ryanair's CEO has stated that British air traffic controls are the worst in Europe after more travellers have been…
British iPhone designer Sir Jony Ive has a plan for an AI gadget
Sir Jony Ive's design for the iPhone defined the smartphoneera. Now he can do the same with artificial…
Rosebank, a new North Sea oilfield, will bring billions to the Treasury
Ministers say that the development of Britain's biggest untapped oilfield in the North Sea would generate…
UK regulators approve plans to build a new Rosebank North Sea Oilfield
Climate campaigners immediately objected to the approval of the massive Rosebank oilfield development in the North…
Binance, the cryptocurrency exchange, is leaving Russia
Binance, world's largest cryptocurrency exchange, has sold its business in Russia to a new venue launched just a…